- CEO
- Hoang Ngoc To
- Full Time Employees
- 942
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Uong Bi Vietnam
- IPO Date
- Oct 6, 2020
- Business
- Quang Ninh Construction & Cement Joint Stock Company is a Vietnam-based enterprise primarily engaged in the production of building materials, mining and mineral processing, and infrastructure construction engineering. Founded in 1985 and headquartered in Quang Ninh Province, Vietnam, the company operates across several primary business segments: Cement and Clinker Manufacturing, Mining and Quarrying, Construction and Engineering, and Logistics and Trading. Its core product and service offerings comprise the manufacturing and distribution of Portland cement and blended cement varieties, including PCB30 and PCB40 grades under the Lam Thach brand; industrial clinker for domestic consumption and export; prefabricated concrete components and precast building materials; building bricks, concrete blocks, and roofing sheets; the extraction, crushing, and processing of limestone, construction stone aggregates, and coal; civil, industrial, and transportation construction services, including highway development, public infrastructure projects, and industrial park land development; and inland waterway and overland freight transportation, warehousing, cargo logistics, and the trading and import-export of construction materials, fuels, and industrial supplies. The company primarily distributes its materials to infrastructure developers, commercial contractors, and retail building markets across northern Vietnam. In recent developments, Quang Ninh Construction & Cement Joint Stock Company has executed operational optimization programs across its Lam Thach manufacturing complex, focusing on energy conservation, kiln system upgrades, and the increased adoption of alternative fuels to mitigate raw material price volatility and improve operating margins. Additionally, the company has implemented structural financial realignment measures to streamline non-core operations, restructure outstanding debt obligations, and reinforce its regional distribution network through enhanced commercial partnerships.